Question: You need $10,000 annually for 4 years to complete your education, starting next year. (You would withdraw the first $10,000 one year from today.) Your

You need $10,000 annually for 4 years to complete your education, starting next year. (You would withdraw the first $10,000 one year from today.) Your uncle will deposit an amount today in a bank paying 7% annual interest, which would provide the needed $10,000 payments. Round all answers to the nearest hundredth. A. How large must the deposit be? b. How much will be in the account immediately after you make the first withdrawal

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